I created an electronic google doc time tracker: Time LogContemporaneous time log of rental real estate activitiesActivity DescriptionTenant recruitmentTenant screeningNegotiating and executing leasesOverseeing repairs and maintenanceCommunications with tenants and vendorsTravel timeResearch for potential rental real estate (pub 925)Acquiring rental real estate (pub 925)Paperwork/bookkeeping/bankingResearch and purchase of materialsRent collectionEvictionOn-site cleaningBill paymentOther:Time SpentDateMM/DD/YYYYSubmit

 $1 million net worth or $200k salary is not “elite” after 43 years of inflationary currency depreciation. 

I like Swann which I got at Fry's Electronics.

Depending upon whether they are a bank or a trust company, custodians are heavily regulated by the IRS, DOL, possibly the FDIC, State Banking Commissioner, and maybe the Comptroller of the Currency.

As with any electronic item they can fail, so I keep an extra new lock on site at each property for maintenance to install if needed. 

I am sharing my experience as I believe that TIME is the ultimate currency in life. 

If successful, Lee believes the fully electronic Texas Stock Exchange will lead to more companies moving to Texas, more companies going public in Texas and to the formation of copycat exchanges.

If the electronic lock fails, you provide the tenant with the code so they can access the key.

That being said I do accept rent from all the major electronic services.

Leases are simple to upload and get signed electronically for $9 fee for DocuSign.